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South Korea Banks Market Summary, Competitive Analysis and Forecast to 2027

Publisher MarketLine
Published Apr 10, 2023
Length 45 Pages
SKU # MTLN18025013

Description

South Korea Banks Market Summary, Competitive Analysis and Forecast to 2027


Summary

Banks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
  • The South Korean banks industry group had total assets of $3,960.2 billion in 2022, representing a compound annual growth rate (CAGR) of 8.7% between 2017 and 2022.
  • The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $2,292.1 billion, equivalent to 57.9% of the industry group's overall value.
  • The South Korean banks industry group has expanded recently owing to several factors, such as a robust regulatory framework, a growing economy, increasing interest rates, and a highly skilled labor population. According to in-house research, the real GDP annual growth of South Korea stood at 2.6% in 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in South Korea
  • Leading company profiles reveal details of key banks market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea banks market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea banks market by value in 2022?
  • What will be the size of the South Korea banks market in 2027?
  • What factors are affecting the strength of competition in the South Korea banks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's banks market?

Table of Contents

45 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What have been the recent M&A activities?
8 Company Profiles
8.1. Hana Financial Group Inc
8.2. KB Financial Group Inc
8.3. Shinhan Financial Group Co Ltd
8.4. Woori Bank
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea banks industry value: $ billion, 2017–22
Table 2: South Korea banks industry category segmentation: % share, by value, 2017–2022
Table 3: South Korea banks industry category segmentation: $ billion, 2017-2022
Table 4: South Korea banks industry geography segmentation: $ billion, 2022
Table 5: South Korea banks industry value forecast: $ billion, 2022–27
Table 6: Hana Financial Group Inc: key facts
Table 7: Hana Financial Group Inc: Annual Financial Ratios
Table 8: Hana Financial Group Inc: Key Employees
Table 9: Hana Financial Group Inc: Key Employees Continued
Table 10: KB Financial Group Inc: key facts
Table 11: KB Financial Group Inc: Annual Financial Ratios
Table 12: KB Financial Group Inc: Key Employees
Table 13: KB Financial Group Inc: Key Employees Continued
Table 14: Shinhan Financial Group Co Ltd: key facts
Table 15: Shinhan Financial Group Co Ltd: Annual Financial Ratios
Table 16: Shinhan Financial Group Co Ltd: Key Employees
Table 17: Shinhan Financial Group Co Ltd: Key Employees Continued
Table 18: Woori Bank: key facts
Table 19: Woori Bank: Key Employees
Table 20: South Korea size of population (million), 2018–22
Table 21: South Korea gdp (constant 2005 prices, $ billion), 2018–22
Table 22: South Korea gdp (current prices, $ billion), 2018–22
Table 23: South Korea inflation, 2018–22
Table 24: South Korea consumer price index (absolute), 2018–22
Table 25: South Korea exchange rate, 2018–22
List of Figures
Figure 1: South Korea banks industry value: $ billion, 2017–22
Figure 2: South Korea banks industry category segmentation: $ billion, 2017-2022
Figure 3: South Korea banks industry geography segmentation: % share, by value, 2022
Figure 4: South Korea banks industry value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the banks industry in South Korea, 2022
Figure 6: Drivers of buyer power in the banks industry in South Korea, 2022
Figure 7: Drivers of supplier power in the banks industry in South Korea, 2022
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in South Korea, 2022
Figure 9: Factors influencing the threat of substitutes in the banks industry in South Korea, 2022
Figure 10: Drivers of degree of rivalry in the banks industry in South Korea, 2022

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